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Nov 26, 2012
11/12
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to be some momentum that the economy is pick up. hopefully that will continue as we make efforts to resolve challenges that we have around the if i cfiscal cliff. if we can do that, i think consumers are looking forward to better times ahead. >> good stuff. thanks very much for joining us. we'll probably put this on the web actually if you want to look at all the differences. three french thens up 10%. now, for viewers in the u.s., as i say, you can't win if you didn't play. the u.s. power ball lottery jackpot is now $425 million for wednesday's draw. it's available in 40 u.s. states, washington, d.c. earlier this year mega reached a record. so if you want to buy the christmas list, who knows, you might be lucky. coming up next, it's "squawk box" in the u.s. >>> good morning. today's top story, after a weekend at the mall, americans return to work today to do more shopping. it's cyber monday. traditionally one of the busiest days of the year for e-commerce. and as far as the euro crisis goes, international lenders are taking another
to be some momentum that the economy is pick up. hopefully that will continue as we make efforts to resolve challenges that we have around the if i cfiscal cliff. if we can do that, i think consumers are looking forward to better times ahead. >> good stuff. thanks very much for joining us. we'll probably put this on the web actually if you want to look at all the differences. three french thens up 10%. now, for viewers in the u.s., as i say, you can't win if you didn't play. the u.s....
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Nov 27, 2012
11/12
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CNNW
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delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u.s. treasury instruments and we have to start raising the interest rate. eventually, we get to the point where we can't afford anything and that's what i'm concerned about. >> so, let me talk about the solution here because we talked back in may about this. we're finally here at the deadline, right. you talked at the time about wanting a simpler tax system and were open to some people paying more and you said some in the republican tea party would be okay with that. here's you on this program back in may. >> i'd m
delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal...
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Nov 27, 2012
11/12
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>> it is a very, bifurcated economy today with the consumer. you have high-end consumers that were feeling pretty good. in basic every day needs, people no matter what economic strata they are in, they are trying to save on those basics. they are doing pretty well like marie calendar's. they will do very well. but there are other folks, a majority or people who are sticking to a strict budget. and they only have so much to spend at the grocery store. that is one of the reasons why this orientation with the private label, to play here, things like innovation, customer management, where we can bring all of that to bear on products that stores are looking to sell under their own label and deliver really strong high quality value for the money for many consumers who are working for a tight budget. >> the market agrees with me. this was a great acquisition. congratulations. >> thank you, jim. >> okay. conagra is going higher, guys. i like this acquisition very much. stay with cramer. >> coming up. are you ready to get charged up? >> all new hyper ac
>> it is a very, bifurcated economy today with the consumer. you have high-end consumers that were feeling pretty good. in basic every day needs, people no matter what economic strata they are in, they are trying to save on those basics. they are doing pretty well like marie calendar's. they will do very well. but there are other folks, a majority or people who are sticking to a strict budget. and they only have so much to spend at the grocery store. that is one of the reasons why this...
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Nov 22, 2012
11/12
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between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the unioion to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it very difficult to do anything about reforming them when you have one party that doesn't want to do it. >> so this is a centerpiece of the fiscal cliff on the spending side. it would be up to the republicans to convince the american public that we have to reform these things in order to save these things. to a large degree, we have to be concerned that they are not articulating this to the point where people are saying now. i'm not ready to do it. even though the irony is any sort of reasonable person would suggest one hit anybody older than 40 years old right now. >> what was depressing -- ther
between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the unioion to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes...
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Nov 24, 2012
11/12
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FBC
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net net is no good long-term effects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make money they borrow on the short end meaning they borrow at the low end of interest rates and blended out on a long end meaning the consumer will pay off higher interest-rate and banks make the spread. interest rate curve is not even occur but a flat board. and to be a little more conservative with lending and ben bernanke saying no banks, led to everybody to comes to your door. gerri: we saw how well that worked out last time it happened. >> that is one of the problems we had in 2007-2008 and even in the late 90s and early 2,000s. banks lend to everybody
net net is no good long-term effects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make...
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Nov 21, 2012
11/12
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economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a premium on in more taxes on the near-term dealing with spending and gettingext year without imposing a recession at american public. gerri: you take a lot of time to analyze what happens t this economif we go over the cliff. is it a big recession, it's a deep recession, what happens? >> it is a deep recession, you hear talk that it is a slow weakening. we can fix it in january and come back. we know the magnitude is large, $395 tax increase, $140 billion spending cuts. more importantly, financial marketwould be sh
economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a...
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Nov 26, 2012
11/12
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KCSMMHZ
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optimism also for the german economy. the german consumer confidence has been stronger than expected. some investors hope now that german consumers buy more christmas presents than they have before. >> a quick look at some market numbers now. dax closing down 0.25%. euro stoxx down. the dow jones is currently down about 0.5%. the euro was trading for $1.2961. swiss bank ubs has been fined 37 million euro for regulation and failures lead into a rogue trader losing billions for the company. >> the employee was convicted of fraud dance that -- sentenced to seven years in prison. they describe the risk control systems as "seriously defective ." some sports now. 46 runners have completed the ice marathon in a parked ago. this year on, conditions were fantastic. they ran the 36 kilometers in some zero temperatures down under crystal blue for skies. a handful of supporters were there cheering them on. it circled the union a glacier base camp and it is only accessible by air. this year's winner was from scotland. a little -- and
optimism also for the german economy. the german consumer confidence has been stronger than expected. some investors hope now that german consumers buy more christmas presents than they have before. >> a quick look at some market numbers now. dax closing down 0.25%. euro stoxx down. the dow jones is currently down about 0.5%. the euro was trading for $1.2961. swiss bank ubs has been fined 37 million euro for regulation and failures lead into a rogue trader losing billions for the company....
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Nov 29, 2012
11/12
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how is that going to help the economy? >> it won't help the economy. they're going to put this new 3.8% sur fax on to investors to pay for obama care. as you mentioned, it cost more than $100 billion. something to keep in mind here is the total tax hike cost for obama care is $500 billion. americans will see more than half of that take place on january 1st. >> that's on top of whatever they decide to do on this fiscal cliff business. katie, the next biggest one, $87 billion is an increase in the payroll tax. .9%, 2.9 to 3.8%, small business busy and self-employed. how does that promote growth. they're going to be hiring less and there are going to be fewer employees. >> don't they talk about this? why don't they do the add-ones that you're doing on the obama care taxes? >> i'm actually not sure about this. i'm pretty confused about why the romney campaign didn't hit the obama care tax argument harder on the campaign trail because the supreme court ruled it a tax for good reason. it had gone through the numbers here on your show. this hit small business
how is that going to help the economy? >> it won't help the economy. they're going to put this new 3.8% sur fax on to investors to pay for obama care. as you mentioned, it cost more than $100 billion. something to keep in mind here is the total tax hike cost for obama care is $500 billion. americans will see more than half of that take place on january 1st. >> that's on top of whatever they decide to do on this fiscal cliff business. katie, the next biggest one, $87 billion is an...
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Nov 23, 2012
11/12
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FBC
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and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in yo wallet? it's the card for people who like more cash. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companiehiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholder
and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash...
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Nov 21, 2012
11/12
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CNBC
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most companies need a healthy economy in order to thrive. we call that cyclical growth. but a true secular growth story can deliver fantastic numbers, even in a lousy economy. numbers so consistently good that they can keep powering the stock higher, quarter after quarter after quarter, year after year after year, regardless of the economic environment. how do you spot a genuine secular growth name? i like to look for big picture themes. we have a company that is playing a much broader trend. take the healthy eating in the country and the embrace of the natural and organic foods. this has made whole foods into a powerhouse stock. of course, it's also destroyed the regular supermarkets. and the same for hain celestial, which makes many of the products found in whole foods, it's not your average consumer packaged goods company, huh-uh. even secular growth trends in the end have a limited shelf life. and what you see as these themes age that there are fewer and fewer plays that can consistently make you money. last longer, but never just last forever. years ago, back when t
most companies need a healthy economy in order to thrive. we call that cyclical growth. but a true secular growth story can deliver fantastic numbers, even in a lousy economy. numbers so consistently good that they can keep powering the stock higher, quarter after quarter after quarter, year after year after year, regardless of the economic environment. how do you spot a genuine secular growth name? i like to look for big picture themes. we have a company that is playing a much broader trend....
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Nov 24, 2012
11/12
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FBC
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he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is this administration and what it has done. now, when you think this is? >> the attorney general has to do this. lou: can you really see eric holder doing that? saying that we will investigate ourselves? >> if he doesn't do an independent investigation, you have the very people who have floated the idea of prosecuting general petraeus, there are all kinds of things they might do to him. there is all kinds of pressure that can be brought about. lou: are you saying th
he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually...
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Nov 28, 2012
11/12
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CNBC
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the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect
the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go...
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Nov 21, 2012
11/12
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it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his ideological instincts on the one hand and elements of the egyptian security structure, the military and the intelligence service on the other. despite his b
it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component....
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Nov 21, 2012
11/12
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CNBC
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you have to raise revenues, lower expenses, and grow the economy. but the economy is not isolated. and the global economy is important. how does the u.s. participate? so we have to keep an eye on europe, we can't ignore it. you have to keep an eye on china. china's going to step on the accelerator in march if not earlier. and within the framework of the next ten years, can we regain our economic prowess? and that's priority number one. if you have these guys in new york, mayor bloomberg, mayor booker, the mayor, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going to take a short break in december. yeah, we have to have a patch, but we have to have a fix. and a structural fix is so fundamental so that if you're running a business and you have clarity and visibility for the next five years, you can live with whatever you have. corporate taxes are coming down according to the current administration. you drop them from 35% to 28% or 25% if it's u.s. manufacturing. that is very helpful for profi
you have to raise revenues, lower expenses, and grow the economy. but the economy is not isolated. and the global economy is important. how does the u.s. participate? so we have to keep an eye on europe, we can't ignore it. you have to keep an eye on china. china's going to step on the accelerator in march if not earlier. and within the framework of the next ten years, can we regain our economic prowess? and that's priority number one. if you have these guys in new york, mayor bloomberg, mayor...
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Nov 29, 2012
11/12
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FBC
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slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before our very eyes? we'll talk about that, why that money might be better spent at home. "piles of money" coming up. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic onchitis and emphysema. spiriva helps control my copsymptoms by keeping my airways open for 24 hours. plus, reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintance treatment that does both. spiriva handiher tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, g
slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before...
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Nov 21, 2012
11/12
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economy rising oil prices, rising gas prices. with the fiscal cliff, that would have been a real problem for the u.s. economy, so this is very positive, but the oil market will be key in this. if the oil market reverses and goes higher and closes green on the day, that will tell you that the markets do not believe this cease fire's going to hold. we've had several of these over the last, well, thousands of years, but let's call it ten years for now, that have broken. watch oil. that is your key. >> investors seem at least willing to trust the headline because the dow industrials have added a bit more to the gains we have seen. there's a look at the dow, up 47 days. coming up, the soda stream ceo on how to manage a global company in times of uncertainty. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some o
economy rising oil prices, rising gas prices. with the fiscal cliff, that would have been a real problem for the u.s. economy, so this is very positive, but the oil market will be key in this. if the oil market reverses and goes higher and closes green on the day, that will tell you that the markets do not believe this cease fire's going to hold. we've had several of these over the last, well, thousands of years, but let's call it ten years for now, that have broken. watch oil. that is your...
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Nov 26, 2012
11/12
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CNBC
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everybody below the 2% has been a loser over the last ten years in this economy. median family wages are down 7% after adjustment for inflation. i personally believe globalization, technological change have played a big role. we need to help those people. if those people had been wiped out by a hurricane we would rebuild the houses. they have wiped out by other forces that have come to bear. it's the responsibility for the incomes of the top 2% to -- >> but it's not solved by taking from one and giving to the other. it's solved by growth. >> it's solved by a mix. growth is the most important. sitting here you're going to get growth if you create a predictable, stable fiscal outlook forever the companies to operating it. >> kicking the can is a terrible outcome. we had obama and boehner, cantor and biden, the super committee, the gang of six, the time is now. i believe that the recognition is that the time is now. >> all lower marnlal rates. >> no, and i also believe the legacy for the president is say vibrant economic recovery. >> i agree. >> if there's a politica
everybody below the 2% has been a loser over the last ten years in this economy. median family wages are down 7% after adjustment for inflation. i personally believe globalization, technological change have played a big role. we need to help those people. if those people had been wiped out by a hurricane we would rebuild the houses. they have wiped out by other forces that have come to bear. it's the responsibility for the incomes of the top 2% to -- >> but it's not solved by taking from...
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Nov 21, 2012
11/12
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economy expanded more than at any other time in history. but something happened because corporations are still doing really, really, really well. but the people that work for them, not so much. corporate profits measured as a percentage have hit record highs. but compensation has hit record lows. look at this chart compared to profits and compensation over the last decade. profit profits is a percentage has surged to record levels. compensation, which workers get, has declined. and these are partially the same trend. corporations threaten to go overseas, they cut costs by give less and less to workers and keep more revenue as profit. in fact, it looked like a dragon. the dragon of inequality. so how do you slay the dragon of inequality and low worker compensation? the twinkie era is not coming back. and and here's what is coming. the affordable care act. explaining what it has to do requires moving from twinkies to pizza. and i recognize there's some irony in talking about junk food, but we're going to do it any way. papa john's has been co
economy expanded more than at any other time in history. but something happened because corporations are still doing really, really, really well. but the people that work for them, not so much. corporate profits measured as a percentage have hit record highs. but compensation has hit record lows. look at this chart compared to profits and compensation over the last decade. profit profits is a percentage has surged to record levels. compensation, which workers get, has declined. and these are...
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Nov 21, 2012
11/12
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FOXNEWSW
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probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have brought up issues having regular work schedules. >> how many people are being forced to work at walmart? i've had a job before and i've been fired. you don't have to work somewhere if you don't like it? >> they are allowed to protest. it's like a hospital. somebody can't buy their snuggie. >> people want to quit if they don't like it. not about walmar. this is about the labor unions trying to tap in, the democratic party trying to tap in one of the great untapped sources of wealth which is walmart employees? >> absolutely. remember. walmart has been a target of the left for so many years right now. they have ha
probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have...
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Nov 22, 2012
11/12
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economy. >> why aren't people paying attention? >> 'cause they don't pay attention until they have to. >> whitney says it's time to start. california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's new jersey. it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but after looking at the books, he decided to walk away from a long-planned and much-needed project with new york and the federal government to build a rail tunnel into manhattan. it would have helped the economy and given employment to 6,000 construction workers. lots of jobs. >> yeah. i canceled it. i mean, listen, the bottom line is, i don't have the money. and you know what? i can't pay people for those j
economy. >> why aren't people paying attention? >> 'cause they don't pay attention until they have to. >> whitney says it's time to start. california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's...
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Nov 23, 2012
11/12
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CNBC
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small businesses are so important to the vitalness of the american economy. they employ almost half the private workforce and if you look at the last 20 years, small businesses have created almost two-thirds of the new jobs in the country. >> they create jobs, but am i going to get a deal there for such price sensitive consumers out there who are looking for a bargain every single time they buy something, can a small business, a small retailer, provide that kind of a deal? >> we think they absolutely can and do compete. they're competing every day against big box retailers and everyone else who's in the market trying to do business on the holiday period. small businesses are unique. they're creative to entrepreneurs. they certainly do sales, promotions, coupons, they do gift with purchase. they put together a whole package to be competitive, of course, but they also provide local service. they provide strong value to the communities they operate in. we all know that how important main street is to the vitality of local communities. they do all of the above an
small businesses are so important to the vitalness of the american economy. they employ almost half the private workforce and if you look at the last 20 years, small businesses have created almost two-thirds of the new jobs in the country. >> they create jobs, but am i going to get a deal there for such price sensitive consumers out there who are looking for a bargain every single time they buy something, can a small business, a small retailer, provide that kind of a deal? >> we...
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Nov 29, 2012
11/12
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unlike retail reits, it's levered to a sector health care that just does fine when the economy goes in recession. look, it's a real possibility if you go off the cliff. >>> plus a limited supply of medical office space. this is a nice, steady business. let's take a closer look with scott pierce. mr. peters, welcome to "mad money" so much. >> thank you for having me. >> i try all the time to find companies that might be beneficiaries of the affordable health care act. i stumbled on you guys. you're the one? >> we think we are. we've been fort. health care systems are now running like businesses. with 30 to 40 million more insured coming up, you this need a most affordable location to off those services. those are mlbs, they're on campus, and jim, i think over the next 10, 20 years there will be core critical real estate. >> most of them are in crowded fields. the hotels divvied up, a lot of retail space. this is a $250 billion sector. you seem like you're just scratches the surface. >> 250 billion is the estimated value. they're going to monetize some of these assets. it's a great oppor
unlike retail reits, it's levered to a sector health care that just does fine when the economy goes in recession. look, it's a real possibility if you go off the cliff. >>> plus a limited supply of medical office space. this is a nice, steady business. let's take a closer look with scott pierce. mr. peters, welcome to "mad money" so much. >> thank you for having me. >> i try all the time to find companies that might be beneficiaries of the affordable health care...
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Nov 21, 2012
11/12
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they will danger the economy if they don't renew benefits. cutting benefits would reduce it by $58 billion next year. unemployment benefits lifted more than 2 million americans out of poverty last year. 600,000 of them were children. extending unemployment benefits will help those families and help the economy. those benefit checks shouldn't be trade bait for the republicans when they come to the table to talk about how to move the country forward financially. why pick on the most vulnerable? the republicans always seem to love to do that. joining me now is barbara lee of california. great to have you with us. i know you have personally worked hard on this and been an advocate for those less fortunate in our economy. are republicans going to hold unemployment hostage in these negotiations? >> i'm so glad you're focusing on this because of course, we have now, as you said earlier, so many people who will lose their unemployment benefits on december 29th. we have 2.1 million people who could lose these benefits. and i have to tell you, i hope t
they will danger the economy if they don't renew benefits. cutting benefits would reduce it by $58 billion next year. unemployment benefits lifted more than 2 million americans out of poverty last year. 600,000 of them were children. extending unemployment benefits will help those families and help the economy. those benefit checks shouldn't be trade bait for the republicans when they come to the table to talk about how to move the country forward financially. why pick on the most vulnerable?...
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Nov 27, 2012
11/12
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it's an export economy but an economy we should worry much more about is the shanghai index in china and this stock market is at the lowest levels since early '09. what does that say about the global economy? think about it. back to you, jim. >> great analysis again. what a disparity. >> worried about panasonic and sony and these companies and they need that yen to be lower. let's check out latest news in energy. mary thompson is at the nimax. energy all over the map. >> that's right. this morning we have the energy complex that's mixed. we did see initial support to crude oil from that greek deal but that quickly dissipated. dollar strength keeping pressure on crude today. traders of course keeping watch on tensions in the mid easts s but because that provides pressure to crude oil. those are some of the factors at play today. look at the rest of the energy complex, december contracts for gasoline, heating oil, as well as nat gas expire today. natural gas continuing the decline from yesterday after it came under pressure because of a warm forecast for the month of december. checking
it's an export economy but an economy we should worry much more about is the shanghai index in china and this stock market is at the lowest levels since early '09. what does that say about the global economy? think about it. back to you, jim. >> great analysis again. what a disparity. >> worried about panasonic and sony and these companies and they need that yen to be lower. let's check out latest news in energy. mary thompson is at the nimax. energy all over the map. >>...
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Nov 26, 2012
11/12
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good afternoon. i'm taylor mathson with your cnbc market wrap. the dow falls 42, the s&p loses 2, and the nasdaq added 9. shares of ebay jumped nearly 5% on expectations of a very busy cyber monday. online sales are expected to total $1.5 billion today. that's up almost 20% from last year. >>> and yahoo! hit a 2 1/2 year high of $19 a share earlier before falling back slightly. goldman sachs raised his price target on that long time beleaguered stock to $24 a share. >>> that's it from cnbc, first in business worldwide. now back to "hardball." ♪ >>> welcome back to "hardball." anti-tax crusader grover norquist has been called the most powerful man in washington but is his influence on the wane? >> i'm not obligated on the pledge. made tennesseans aware, i was just elected, the only thing i'm honoring is the oft i take when i'm sworn in this january. >> when you're $16 trillion in debt, the only p
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good afternoon. i'm taylor mathson with your cnbc market wrap. the dow falls 42, the s&p loses 2, and the nasdaq added 9. shares of ebay jumped nearly 5% on expectations of a very busy cyber monday. online sales are expected to total $1.5 billion today. that's up almost 20% from last year. >>> and...
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Nov 27, 2012
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it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business investment up 1.7%. consumer confidence up, not too bad a number. chain store sales for the week ending saturday, including black friday. the best saturday or week ending saturday after thanksgiving that i could find back to 1990. case-shiller home prices continue their march upward. look at consumer confidence and the cliff. i want to show you the two-year chart heerz that dip you see in the middle of your screen there, that is the last debacle, the debt ceiling debacle. can't see it here yet. so you don't get excite about the numbers, give you a longer view whether it should be if these were normal times, see there off to your left, 85s, 90s, 1
it doesn't seem to show an economy that is all that worried about what's like ahead for us. >> not on the consumer side. before we have seen the consumer doing well, oblivious to the cliff but measures of business sentiment declining because of the cliff. today, consumer measures continue to look pretty decent and business measures came in not too bad, pretty decent. look. durable goods up changed, we expected them to be negative and business investment up 1.7%. consumer confidence up,...
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Nov 26, 2012
11/12
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the economy doesn't go in the tank on january 1st or january 2nd. the one potential immediate change is in the social security tax holiday which i never agreed with. we're borrowing money. i think that puts social security at risk. but all of the other tax changes would be for next year's taxes, not this year's taxes. so you don't see that immediate impact. and then the stupid across-the-board cuts, congress should revisit that. we could find reductions of $100 billion that aren't across the board where you cut things that are useful and working well as much as things that are losers and go away. >> so under your theory and that of several ores, there's not as you referred to an economic calamity. but you and i both know for example wall street. we keep hearing these business leaders and so many others are nervous and we could see an immediate reaction there if some type of deal is not reached before january 1st. >> sure. the millionaires and billionaires, they've got a sweet deal now. they will make a lot of noise to say, raise my tax rates and i'l
the economy doesn't go in the tank on january 1st or january 2nd. the one potential immediate change is in the social security tax holiday which i never agreed with. we're borrowing money. i think that puts social security at risk. but all of the other tax changes would be for next year's taxes, not this year's taxes. so you don't see that immediate impact. and then the stupid across-the-board cuts, congress should revisit that. we could find reductions of $100 billion that aren't across the...
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Nov 28, 2012
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it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we believe in, simply because we accept that part of his offer doesn't mean we have to agree with the rest. but what i think a lot of people forget is, look, these tax rates are going up automatically unless congress acts. i favor acting to save as many of them as possible. >> makes sense. here's today, the speaker of the house john boehner signaled you out for your remarks on the compromise. let's listen to what you he said about you, sir. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you rais
it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we...
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Nov 23, 2012
11/12
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the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and mo
the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the...
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Nov 24, 2012
11/12
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small isn't visible in the modern tech logic economy. and that is a good thing because we enjoy a lot -- no, no, no -- but wait a minute. there are two problems. and they don't have to be inevitable. one is workers don't have to be exploited and there are laws and social movements, this happened in the 19th century with the industrial revolution. we still have the products, but workers -- >> you can be big and unionized. >> you said what's the problem with bigness? well, ultimately bigness is the network effect, it is monopolies. th that's why you had trust busting, and publishers getting together. >> i wanted to hear your thoughts on this as the operator of one of these dead-end boutique operators. >> there's no more independent bookstores, and in the last few years an increase in the number of independent bookstores. we're not asking people to shop with us because it's the right thing to do. we're bringing them in because what we do is good and it's what they want. but at the same time, we're not hoping to like take the place of other
small isn't visible in the modern tech logic economy. and that is a good thing because we enjoy a lot -- no, no, no -- but wait a minute. there are two problems. and they don't have to be inevitable. one is workers don't have to be exploited and there are laws and social movements, this happened in the 19th century with the industrial revolution. we still have the products, but workers -- >> you can be big and unionized. >> you said what's the problem with bigness? well, ultimately...
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Nov 22, 2012
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that's going to be good for the economy. we'll wait to see in january whether people sort of, you know, pull back a little bit. but in general, i think it is safe to say even if christmas isn't the most efficient way to do spending, it still gets the job done. >> but the ugly part i think we'll have video on the show tomorrow that will exactly reiterate what you're saying. happy thanksgiving. >>> some americans are going to the movies after the turkey is finished. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearly indestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're b
that's going to be good for the economy. we'll wait to see in january whether people sort of, you know, pull back a little bit. but in general, i think it is safe to say even if christmas isn't the most efficient way to do spending, it still gets the job done. >> but the ugly part i think we'll have video on the show tomorrow that will exactly reiterate what you're saying. happy thanksgiving. >>> some americans are going to the movies after the turkey is finished. is what drives...
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Nov 22, 2012
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chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean situation. chinese would persuade north koreans not to go you'll out and build a large arsenal. we have to tell them if north korea continues to build or test nuclear weapons, we will take off from south korea the pro hibation we have of south korea buildings and in which case i don't think chinese would like it much. i think unless you're willing to make statements to these folks you don't get much cooperation. china looks upon north korea rightly. they would be unhappy if the north korea regime were overthrown they see capitolist democracy, marching right up to their border right on the bor
chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean...
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Nov 29, 2012
11/12
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lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in spending. but what in the world by these folks to do on capitol hill? >> here is my argument. the first thing the republicans need to do is insist that the negotiations be in front of c-span so that the american people can see what obama is and is not doing until that happens, obaa can keep misrepresenting what is going on. second, they need to say %-to be on line for even dayseds said that the american people can read it. we have those two things, the chances of being completely jammed is a greatly educed, not down to zero, but let's get c-span cameras there. lou: i think your condition w
lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in...
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Nov 27, 2012
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they say doesn't matter the economy if you don't ever have life -- >> why should a choice person vote for the continuation of this republican platform which says from the moment of conception that unborn child or fetus is a citizen with rights of property, life, and liberty? >> there are plenty of people that are pro-choice republicans that are out there just like there are plenty of pro-life democrats out there because they're going to pick their own preferences. i would disagree this party is demographically falling apart when a 49%/51% election just occurred. you look at the house of representatives and you have this large percentage of republicans there. we still are a very divided nation. >> it's going to be about 47%, and most americans voted in the house races, most americans did vote for democrats. because of gerrymandering your party got a big majority, but that's because of gerrymandering. >> it's because the democrats waste a lot of votes in big city democratic districts. 99% of the vote. >> i want to say something very important about abortion. most women who have abortion
they say doesn't matter the economy if you don't ever have life -- >> why should a choice person vote for the continuation of this republican platform which says from the moment of conception that unborn child or fetus is a citizen with rights of property, life, and liberty? >> there are plenty of people that are pro-choice republicans that are out there just like there are plenty of pro-life democrats out there because they're going to pick their own preferences. i would disagree...
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Nov 24, 2012
11/12
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for you, british spies are stunned. this was found in a chimney in england, carrying a coded message. the british intelligence, the intelligence agency known as gchq has sent the bird to the pigeon museum, hoping to trace the origin. they have not been able to read the message yet, but they say it is a tribute to the coding sk l skills. they delivered messages from mainland europe. >>> appearance, but it did nothing to change her fighting spirit. now a triathlete, melissa stockwell, a purple heart recipient inspires others to live their lives without limits. her amazing journey in this "welcome home." >> reporter: april 13th, 2004, is a date melissa stockwell will never forget. >> it was the last day i ever stood on my own two legs. i was part of the u.s. army and it was a routine convoy through central baghdad. ten minutes into the ride we went under this bridge and this big explosion goes off and the woman in the front
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for you, british spies are stunned. this was found in a chimney in england, carrying a coded message. the british intelligence, the intelligence agency known as gchq has sent the bird to the pigeon museum, hoping to trace the origin. they have not been able to read the message yet, but they say it is a tribute to the coding sk l skills. they...
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Nov 25, 2012
11/12
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. [ male announcer ] a european-inspired suspension, but it's not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> there are signs of the truce between israel and hamas is holding this weekend. palestinian sources say israel has eased restrictions on gazan fishermen, allowing them to go up to six miles from shore. the fishermen had been restricted from going more than about three miles
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. [ male announcer ] a european-inspired suspension, but it's not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ monarch of marketing analysis. with the ability to...
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Nov 26, 2012
11/12
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we do a lot of home delivery for online retailers so we see the economy sort of -- on both sides. we look backwards and we look forwards. and we're seeing strong growth especially in that capital equipment, heavy manufacturing which has always been good in this region. it is growing really well. >> that's great to hear. richard phillips, great to meet you. stay for the game. we cannot, unfortunately. there you go, plandy. he didn't say he was in the 2% but he's a successful guy and he said i will gladly pay higher taxes. little sign of compromise. >> that's what it will get us to the finish line. >>> coming up next, warren buffett once again pushing for higher taxes on him and his uber rich friends. but do the rich really pay less than the middle class? we're going to break all the numbers down for you coming up next. don't go away. >>> in 1930, pat's king of steaks invented what's now known as the cheesesteak in the 1960s. gino's rolled in. "street signs" rolling at you from the corner of epic deliciousness. [ male announcer ] this is steve. he loves risk. but whether he's climbi
we do a lot of home delivery for online retailers so we see the economy sort of -- on both sides. we look backwards and we look forwards. and we're seeing strong growth especially in that capital equipment, heavy manufacturing which has always been good in this region. it is growing really well. >> that's great to hear. richard phillips, great to meet you. stay for the game. we cannot, unfortunately. there you go, plandy. he didn't say he was in the 2% but he's a successful guy and he...
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Nov 29, 2012
11/12
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it will hurt small businesses, hurt our economy. it's why it's not the right approach. >> now, you can agree or disagree with that position. however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i don't think so because they also re-elected the house republicans. so whether people intended or not, we've got a divided government. >> the american people have also made clear there is no mandate for raising tax rates. >> keeping them honest, president obama campaigned and won on letting taxes go up for the top earners, so his victory throws a little cold water on that claim. democrats gained seats in the senate and the house and recent cnn/rnc polling shows more than 2 in 3 support tax hikes for the wealthy. u.s. a reality that republicans will grapple with fro
it will hurt small businesses, hurt our economy. it's why it's not the right approach. >> now, you can agree or disagree with that position. however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i...
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Nov 21, 2012
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. >> and these days, the way china's economy is booming, 15% to 20% means tens of billions of dollars. evidence of the counterfeiting trade can be seen at this hong kong warehouse where counterfeit watches, shoes, computer chips, all copied in china, and seized in hong kong, are tossed onto a conveyor belt, and consigned to the dust bin of history. but it's like stopping the rain, the seizure may look impressive, but every day, 6,000 shipping containers leave hong kong's harbor for the u.s. packed with products made in china, and only a small fraction of those containers are ever inspected. >> this is the most profitable criminal venture, as far as i know, on earth. >> counterfeiting. >> counterfeiting. and your partners don't kill you. >> attorney harley lewin has been chasing counterfeiters from china for more than twenty years. and china's now the undisputed capital of the counterfeit. >> 80% or more worldwide. >> can you give me an example of any american or european product that's manufactured here without being counterfeited? >> no. >> so we could have followed just about any tr
. >> and these days, the way china's economy is booming, 15% to 20% means tens of billions of dollars. evidence of the counterfeiting trade can be seen at this hong kong warehouse where counterfeit watches, shoes, computer chips, all copied in china, and seized in hong kong, are tossed onto a conveyor belt, and consigned to the dust bin of history. but it's like stopping the rain, the seizure may look impressive, but every day, 6,000 shipping containers leave hong kong's harbor for the...
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Nov 28, 2012
11/12
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raising taxes, taking money out of the economy, damages the economy, kills jobs, reduces opportunities. >> you know, the latest cnn polls that just came out this week say you're wrong. two of three americans, including a majority of republicans, say the fiscal cliff should be addressed with a mix, a mix of spending cuts, yes, but also tax increases and if there's no deal according to these polls, they're going to blame republicans more than they blame the president. all the best evidence right now suggests the public wants to see the republicans compromise on this tax question. so from a political standpoint, is it okay for lawmakers to ignore the pledge that they gave earlier? >> well, the challenge is that the pledge that they made and that every two years comes up again in campaigns, this is not an ancient pledge, these are pledges that get discussed every election cycle, democrats in the last two cycles have attacked all the republicans who took the pledge. so they have been reinforced in the fact that voters know that they made that commitment and they got elected making that comm
raising taxes, taking money out of the economy, damages the economy, kills jobs, reduces opportunities. >> you know, the latest cnn polls that just came out this week say you're wrong. two of three americans, including a majority of republicans, say the fiscal cliff should be addressed with a mix, a mix of spending cuts, yes, but also tax increases and if there's no deal according to these polls, they're going to blame republicans more than they blame the president. all the best evidence...
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Nov 27, 2012
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a change in the drug policy would have a massive impact on the economy and on crime in both north america and throughout south america, and would lead the way and open the path toward a more humane immigration policy and people in america accepting them. >> i think you're right. it's been interesting. as things have moved politically in terms of the war on drugs, we've also, of course, seen after this election potential movement on comprehensive immigration reform. republicans recognizing that they cannot continue down this path of losing latino voters by such a large margin. the president addressed at his recent press conference the possibility of immigration reform. let's take a listen. >> i think there's a pathway for legal status for those who are living in this country, are not engaged in a criminal activity, are here simply to work. it's important for them to pay back taxes and important to learn english and it's important for them to potentially pay a fine. but to give them the avenue whereby they can resolve their legal status here in this country is very important. >> now, one th
a change in the drug policy would have a massive impact on the economy and on crime in both north america and throughout south america, and would lead the way and open the path toward a more humane immigration policy and people in america accepting them. >> i think you're right. it's been interesting. as things have moved politically in terms of the war on drugs, we've also, of course, seen after this election potential movement on comprehensive immigration reform. republicans recognizing...
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Nov 29, 2012
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>> the state's economy is third in the country in terms of worse performing. and he just unveiled a proposal to give driver's license to illegal aliens. this guy has been inundated. there is a major backlash here and now he declares this war on christmas. he is in a lot of trouble. the folks though in rhode island outside of brown, they want it to be the christmas tree, right? >> of course they do. >> bill: okay. >> he they are not really that angry. it's a bizarre -- it's so out of the mainstream they kind of think chafee has kind of lost it. >> bill: all right. well rhode island traditionally a very catholic state. a lot of italians, portuguese, this and that. we're going to get -- you are going to get governor chafee for us. i'm going to be able to interview him later, right? >> right. we're really looking forward to it. it looks like it's going to go down. >> bill: going to be tomorrow. o'reilly and chafeee. does he have any clue what he he is getting into? >> i think he does. but that's what i'm worried about. i'm looking forward to this interview. i'm go
>> the state's economy is third in the country in terms of worse performing. and he just unveiled a proposal to give driver's license to illegal aliens. this guy has been inundated. there is a major backlash here and now he declares this war on christmas. he is in a lot of trouble. the folks though in rhode island outside of brown, they want it to be the christmas tree, right? >> of course they do. >> bill: okay. >> he they are not really that angry. it's a bizarre --...
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Nov 21, 2012
11/12
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morsi does recognize his long term national interest is getting his economy back on track and to do that he needs the help of the international community and the united states. so he's got to carefully try to balance these two issues. i think he recognizes that a conflict along, you know, egypt's border with israel is not in egypt's interest any more than it's in israel's interests. so -- but these are people who have long been in opposition and they're having to learn to balance these political calculations as they go forward. >> right. and there's no rest after election day when you're the active president. p.j. will stay with us as we turn to another discussion right on point with president obama's foreign policy team. many republicans are attacking ambassador susan rice, a top candidate to replace secretary of state clinton. the senate has spiked some key nominations from president obama before, from elizabeth warren to nobel peace prize winner peter diamond. there is one number that suggests obama is likely to win this battle. we will look at the math after the break on "now." so yo
morsi does recognize his long term national interest is getting his economy back on track and to do that he needs the help of the international community and the united states. so he's got to carefully try to balance these two issues. i think he recognizes that a conflict along, you know, egypt's border with israel is not in egypt's interest any more than it's in israel's interests. so -- but these are people who have long been in opposition and they're having to learn to balance these...